82% of the rentable square feet of these facilities are on a CHI
hospital campus

Additional medical office facilities under executed Purchase and Sale
Agreements to be acquired from CHI later in the second quarter of 2016

May 12, 2016 08:15 AM Eastern Time

MILWAUKEE--(EON: Enhanced Online News)--Physicians Realty Trust (NYSE:DOC) (the “Company,” the “Trust,” “we,”
“our” and “us”), a self-managed healthcare real estate investment trust,
today announced that it has closed the first tranche of its previously
announced pending purchase of medical office facilities from Catholic
Health Initiatives (“CHI”). The first tranche included 26 medical office
facilities for a purchase price of approximately $324 million. These 26
facilities are 90.4% occupied, with 75% of the space leased by CHI
affiliated hospitals and physicians.

John T. Thomas, President and Chief Executive Officer of the Trust,
commented, “We are honored to have been chosen by Catholic Health
Initiatives to acquire 51 mission-critical medical office buildings
leased primarily to CHI’s affiliated hospitals in 10 markets. This was
not only the largest ever hospital monetization of medical office
buildings, but also the first step toward establishing a long term
partnership with CHI. Our team has worked closely with CHI and its
affiliates in each market over the past three months to complete
this acquisition, and with today’s acquisition, we have taken over
property management in the multi-tenant CHI facilities. We are working
closely with our partners at CHI to complete the final purchase of the
remaining medical office facilities as soon as reasonably practical
after CHI receives consent from the Vatican for the sale. Except for one
project that is currently under construction, we expect the closing on
the remainder of the portfolio to occur by the end of the second
quarter, but we cannot provide any assurance that any or all of these
follow-on acquisitions will be completed.”

About Physicians Realty Trust

Physicians Realty Trust is a self-managed healthcare real estate company
organized to acquire, selectively develop, own and manage healthcare
properties that are leased to physicians, hospitals and healthcare
delivery systems. The Company invests in real estate that is integral to
providing high quality healthcare. The Company conducts its business
through an UPREIT structure in which its properties are owned by
Physicians Realty L.P., a Delaware limited partnership (the “operating
partnership”), directly or through limited partnerships, limited
liability companies or other subsidiaries. The Company is the sole
general partner of the operating partnership and, as of March 31, 2016,
owned approximately 96.5% of the partnership interests in our operating
partnership (“OP Units”).

Investors are encouraged to visit the Investor Relations portion of the
Company’s website (www.docreit.com)
for additional information, including annual reports on Form 10-K,
quarterly reports on Form 10-Q, current reports on Form 8-K and
amendments to those reports filed or furnished pursuant to Section 13(a)
or 15(d) of the Securities Exchange Act of 1934, as amended, press
releases, supplemental information packages and investor presentations.

Forward-Looking Statements

This press release contains statements that are “forward-looking
statements” within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements may
be identified by the use of words such as “anticipate”, “believe”,
“expect”, “estimate”, “plan”, “outlook”, and “project” and other similar
expressions that predict or indicate future events or trends or that are
not statements of historical matters. These forward looking statements
may include statements regarding the Company’s strategic and operational
plans, the Company’s ability to generate internal and external growth,
the future outlook, anticipated cash returns, cap rates or yields on
properties, anticipated closing of property acquisitions, and ability to
execute its business plan. While forward-looking statements reflect our
good faith beliefs, they are not guarantees of future performance.
Forward looking statements should not be read as a guarantee of future
performance or results, and will not necessarily be accurate indications
of the times at, or by, which such performance or results will be
achieved. Forward looking statements are based on information available
at the time those statements are made and/or management’s good faith
belief as of that time with respect to future events, and are subject to
risks and uncertainties that could cause actual performance or results
to differ materially from those expressed in or suggested by the forward
looking statements. These forward-looking statements are subject to
various risks and uncertainties, not all of which are known to the
Company and many of which are beyond the Company’s control, which could
cause actual results to differ materially from such statements. These
risks and uncertainties are described in greater detail in the Company’s
filings with the Securities and Exchange Commission (the “Commission”),
including, without limitation, the Company’s annual and periodic reports
and other documents filed with the Commission. Unless legally required,
the Company disclaims any obligation to update any forward-looking
statements after the date of this release, whether as a result of new
information, future events or otherwise. For a description of factors
that may cause the Company’s actual results or performance to differ
from its forward-looking statements, please review the information under
the heading “Risk Factors” included in the Company’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2015 filed by the
Company with the Commission on February 29, 2016.